Financial Results (₹ in crore)

Quarter Ended 30 June 2026 (Q1 FY27):

  • Total Income: ₹3,063.05
  • Profit Before Tax: ₹929.00
  • Total Tax Expense: ₹213.46
  • Profit After Tax: ₹715.28
  • Total Comprehensive Income: ₹725.71
  • Basic & Diluted EPS: ₹0.86

Comparative Figures:

  • Quarter Ended 31 March 2026 (Q4 FY26): PAT ₹669.19 crore, EPS ₹0.80
  • Quarter Ended 30 June 2025 (Q1 FY26): PAT ₹583.30 crore, EPS ₹0.70

Operational Highlights

Assets Under Management (AUM):

  • Q1 FY27: ₹1,49,624 crore (24% YoY growth from ₹1,20,420 crore in Q1 FY26)
  • FY26: ₹1,40,706 crore

Disbursements:

  • Q1 FY27: ₹19,509 crore (33% YoY growth from ₹14,651 crore in Q1 FY26)
  • FY26: ₹64,616 crore

Product Wise AUM (Q1 FY27):

  • Home Loans: ₹80,865 crore (20% YoY growth)
  • Loan Against Property: ₹15,445 crore (22% YoY growth)
  • Lease Rental Discounting: ₹34,604 crore (41% YoY growth)
  • Developer Finance: ₹17,002 crore (19% YoY growth)
  • Others: ₹1,708 crore (-1% YoY)

Asset Quality:

  • Gross NPA: 0.29% (vs 0.30% in Q1 FY26)
  • Net NPA: 0.12% (vs 0.13% in Q1 FY26)
  • Provision Coverage Ratio (on stage 3 assets): 58.53%

Capital Adequacy:

  • Capital to Risk-Weighted Assets Ratio: 21.59% (Regulatory requirement: 15%)
  • Liquidity Coverage Ratio: 158.12% (Regulatory requirement: 100%)
  • Net Worth: ₹23,233.77 crore (13% YoY growth from ₹20,508.37 crore)

Key Ratios:

  • Net Profit Margin: 23.35% (vs 22.30% in Q1 FY26)
  • ROA (Annualized): 2.3%
  • ROE (Annualized): 12.5% (vs 11.6% in Q1 FY26)
  • Total debts to total assets: 0.82 (vs 0.81 in Q1 FY26)

Security Cover Certification

The company maintained adequate security cover for its listed non-convertible debt securities as of 30 June 2026. The security cover on book value was 1.002 times for secured NCDs. The certification was provided by joint statutory auditors Singhi & Co. and Mukund M. Chitale & Co.

Fund Utilization

For the quarter ended 30 June 2026, the company raised ₹8,455 crore through private placement of non-convertible debentures across multiple issuances between 17 April 2026 and 12 June 2026. The company confirmed:

  • No deviation or variation in the use of funds raised
  • All proceeds were deployed on the company's own balance sheet as per the offer document
  • Commercial paper proceeds were utilized for disclosed purposes

Auditor Review

The unaudited financial results were subjected to limited review by joint statutory auditors Singhi & Co. and Mukund M. Chitale & Co., who issued an unmodified conclusion stating nothing came to their attention suggesting material misstatement.

Corporate Identity

  • Corporate Office: Cerebrum IT Park, B2 Building, 5th Floor, Kumar City, Kalyani Nagar, Pune - 411014, Maharashtra
  • The company is a subsidiary of Bajaj Finance Limited, registered with NHB since 2015, and classified as an Upper Layer NBFC under RBI's Scale Based Regulations.